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Kingfisher Mining Ltd (ASX:KFM)

ALERT: Price-sensitive ASX Announcement for KFM
Current share price for KFM : $0.080 -0.006 (-6.98%)+
Announcement
Release
20 Apr 2026 8:18AM
Price at Release
$0.086
Full Release
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Summary
Kingfisher Mining Ltd has recommenced its reverse circulation drilling program at the Copper Blow Copper-Gold Project near Broken Hill, New South Wales. This follows promising results from a previous drilling campaign which confirmed high-grade copper-gold mineralization. The new phase of drilling aims to extend known mineralized lodes and advance the project towards a Maiden Mineral Resource Estimate. The project benefits from a strategic Mining and Processing Agreement with Broken Hill Mines, facilitating potential ore processing utilizing existing infrastructure. Kingfisher is focused on leveraging both historical data and modern exploration techniques to maximize the project's value, with a focus on systematic drilling and geological modelling.
Key Points
  • Kingfisher Mining resumes drilling at Copper Blow project in New South Wales.
  • The drilling program targets extensions to mineralized lodes confirmed in previous drilling.
  • Significant high-grade copper-gold intercepts were previously identified.
  • The program aims to advance the project toward a Maiden Mineral Resource Estimate.
  • A Mining and Processing Agreement with Broken Hill Mines supports future development.
  • The project is located near Broken Hill and involves an Iron Oxide Copper Gold system.
  • Two main mineralized zones, North and South, have been identified and remain open for expansion.
  • The project area includes untested magnetic anomalies indicating significant exploration potential.
  • Kingfisher Mining is focused on systematic drilling and geological modeling at Copper Blow.
  • Further updates will be provided as drilling progresses and assay results are received.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.